Bitcoin (BTCUSD)

[ap17]

Nutshell:

BITCOIN IS THE ANSWER 💸
Government debt is spiralling out of control.

The only option?

Bitcoin.

That’s the latest message out from Larry Lepard.

Larry Lepard
For those of you who don’t know Larry, he’s:

Founder & Managing Partner of Equity Management Associates

Graduated from Harvard, with 40 years of finance experience.

Huge sound money advocate (money that cannot be printed) - previously focused on gold but now his attention has shifted to Bitcoin

In hist latest interview, Larry explained that the need for sound money is more important than ever.

More and more people are realising just how bad the current situation really is.

“The world wide awareness of the problem, the problem being too much debt and too much money printing to cover the debt, is spreading. As it spreads, people naturally say to themselves that they need to invest in things that the government cannot print. Gold and Bitcoin fit that model.”


Larry Lepard
And the problem is only getting worse.

Checkout this chart first posted by Larry back in 2019.

The blue line generates income to pay for debt interest on the red line…

The gap shouldn’t be widening like that…

debt chart
Larry first posted this to Twitter on October 15, 2019

U.S. Government debt is getting out of control.

“The US federal debt is growing at ~10% per year and US GDP is growing at ~2.6% per year. That’s a problem because that GDP is what’s used to pay that debt and at some point there’s going to be a day of reckoning.”


Larry Lepard
As more and more people come to understand this issue, Larry believe’s they’ll turn to Bitcoin as it’s the only option.

According to Larry, the next 10 years will see Bitcoin’s adoption level explode.

“The next 10 years is going to be the Bitcoin gold rush. From 2024 to 2034 the entire world is going to come to embrace this thing.”


Larry Lepard
Continuing on, Larry explains:

“What we’ve got here is a form of money that’s superior to government money. And if you look at history, the best technology always wins.”


Larry Lepard
To many, Bitcoin is hope.